When people think of ‘digital transformation’ in business, they usually think of tech and lots of it. But achieving this doesn’t mean tech has to take over.
A mere decade ago, the world was very different. In ten years this world has undergone transformations, particularly by the impact technological change has had on communications, politics and business.
The business world is changing rapidly – and companies failing to test the boundaries of change will soon struggle to compete.
Transforming an organisation consistently ranks among the greatest challenges leaders face, despite there being no lack of advice from business gurus and scholars on this topic. But instead of using just one method, bosses should look to mix a cocktail of change.
In the last few years, all we seem to have heard is that organisations should follow in Uber’s footsteps. But despite what you may have read recently, the Uber model may not be right for your business.
Just as digital transformation has become crucial to high performance, collaboration between business departments has become crucial to digital transformation. In both the public and private sector, digital transformation has proved to be the key to business success in the modern day.
Uber, Airbnb and Netflix are tired and overused sources of inspiration when it comes to business transformation. But what so many organisations fail to understand is how successful business transformation is born.
Digital technologies can bring a whole host of advantages for businesses: transforming customer experience, offering new services, entering new markets and streamlining operations, to name a few.
Michael Beaven, director of digital at Methods Digital, looks at his experiences when he was part of the Government Digital Service (GDS) team and how it will need to be prepared for the next wave of transformation in government.
In an ideal world, the future of business will merely be business with digital folded in. To achieve this ideal, businesses need to embed digital at their core – they need to embrace digital transformation.
With economic confidence continuing to improve, there is a growing appetite within businesses to push forward change projects.